Stellar's native cryptocurrency, XLM, has experienced a notable uptick in value over the last 24 hours, recording a nearly 4% increase. This surge in price has been accompanied by significant trading volumes, indicating heightened interest and activity within the Stellar network.

One key indicator of Stellar's recent success is the repeated testing of resistance levels around $0.40. This consistent challenge to the $0.40 mark suggests a strong influx of institutional buyers who are actively supporting the cryptocurrency. The fact that XLM has been able to repeatedly test this resistance level signals growing confidence among investors in the long-term potential of Stellar.

Stellar, a blockchain-based platform that facilitates cross-border payments and asset transfers, has been gaining traction in the cryptocurrency market due to its focus on enabling fast and low-cost transactions. The platform's partnership with major financial institutions and its commitment to financial inclusion have further bolstered its reputation within the industry.

The recent price surge of XLM also comes amidst a broader uptrend in the cryptocurrency market, with several digital assets experiencing significant gains in recent weeks. This positive momentum has been driven by factors such as increasing institutional adoption, growing mainstream acceptance, and the overall bullish sentiment surrounding the crypto market.

Investors and analysts are closely monitoring Stellar's performance, as its ability to sustain this upward trajectory could signal further gains in the near future. The cryptocurrency market is notoriously volatile, and price movements can be influenced by a wide range of factors, including market sentiment, regulatory developments, and macroeconomic trends.

As institutional interest in cryptocurrencies continues to grow, Stellar is well-positioned to capitalize on this trend due to its robust technology and focus on facilitating seamless cross-border transactions. The platform's emphasis on scalability, security, and interoperability has set it apart from other blockchain networks and positioned it as a key player in the digital asset space.

Overall, the recent price surge of Stellar's XLM reflects a broader trend of positive momentum in the cryptocurrency market. With strong institutional buying support and repeated resistance tests at $0.40, Stellar is demonstrating its potential for further growth and adoption in the coming months. Investors and enthusiasts will be eagerly watching to see how Stellar's journey unfolds in the evolving landscape of digital assets.

Source: https://www.coindesk.com/markets/2025/09/18/xlm-technicals-signal-bullish-strength-amid-4-rally